Disney Announces Leadership Succession Plan, Naming D'Amaro CEO
Disney CEO Bob Iger concluded his tenure by announcing a leadership succession plan, promoting Josh D'Amaro to CEO and Dana Walden to President and Chief Creative Officer, according to Fortune. The move is part of a long-term succession process of trial assignments, leading to proven competence and credibility. Iger's era was marked by transforming Disney from a traditional media and entertainment institution into a dynamic force across entertainment, experiences, and sports, capable of contending with digitally native competitors.
Lawhive Secures $60 Million to Expand AI-Powered Legal Services
Lawhive, a British startup utilizing AI to transform the business model of law firms, raised $60 million in new venture capital funding to accelerate its expansion in the U.S., Fortune reported. The Series B funding round was led by Mitch Rales, cofounder of Danaher Corporation. Other investors included TQ Ventures, GV (formerly Google Ventures), Balderton Capital, and Jigsaw. The funding comes less than a year after Lawhive raised a $40 million Series A round. Lawhive employs a network of human lawyers assisted by a technology platform, enabling it to provide legal services for individuals and small businesses.
ICE Seeks Ad Tech Location Data for Investigative Purposes
Immigration and Customs Enforcement (ICE) is surveying the commercial advertising technology market for tools capable of supplying location data and large-scale analytics to federal investigators, according to Biometric Update. The Request for Information (RFI) seeks information from companies offering Ad Tech compliant and location data services that could support criminal, civil, and administrative investigations across ICE's mission set. The RFI is framed as market research rather than a procurement.
Nevada Legislator Calls for Audit of Altered OSHA Record in Boring Company Inspection
Nevada Assemblymember Howard Watts said that the legislative committee he chairs will look into pursuing an independent audit into who was responsible for altering a key public record after a Nevada OSHA inspection of Elon Musk-owned Boring Company, Fortune reported. A document in Nevada OSHA's inspection file was altered after the agency withdrew citations it had issued to the Boring Company in relation to a safety incident at one of the company's tunneling sites. A senior safety official acknowledged at a hearing that the document was altered.
"Franken-stacks" Hinder AI Strategy
According to VentureBeat, the initial euphoria around Generative and Agentic AI has shifted to a pragmatic reality. CIOs and technical leaders are questioning why their pilot programs aren't delivering the magic promised in demos. AI struggles because it lacks context, which is trapped in a maze of disconnected point solutions, brittle APIs, and latency-ridden integrations, creating a "Franken-stack" of disparate technologies.
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